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<br /> Summary of Other Funds
<br /> As noted earlier, the new Debt Service and Inspection Funds are included in this report.
<br /> Transfers From the General Fund to the Debt Service Fund
<br /> Property tax transfers from the General Fund to the Debt Service Fund are timed to occur during the second
<br /> quarter as the County reaches peak tax collections. This is anticipated to be the regular timing of flow of funds
<br /> each fiscal year to meet debt service requirements. Any significant disbursements and obligations prior to the
<br /> receipt of taxes are funded through the County's fund balance.
<br /> FY 2024 FY 2023 FYs 2024 vs 2023
<br /> OTHER FUNDS Original Revised YTDActual* Percenta e YTDActual* Percenta YTD %
<br /> 11-Debt Service Fund $37,457,498 $35,457,498 $0 0.00% $0 0.00% $0 0.00%1
<br /> 33- Housing Voucher Fund $6,858,632 $6,858,632 $1,476,702 21.53% $1,479,265 29.78% -$2,563 -8.25%Z
<br /> w 35-Emergency Telephone Fund $571,016 $578,160 $0 0.00% $66,151 8.46% -$66,151 -8.46%s
<br /> 'c 37-Visitor's Bureau Fund $2,716,666 $2,724,415 $493,141 18.10% $550,178 23.23% -$57,037 -5.12%4
<br /> 44-Inspections Fund $1,609,483 $1,609,483 $304,799 18.94% $0 0.00% $304,799 18.94%
<br /> 50-Solid Waste Enterprise Fund $12,693,308 $12,693,308 $1,599,364 12.60% $1,817,863 14.45% -$218,499 -1.85%5
<br /> 53-Sportsplex Fund $4,696,687 $4,696,687 $713,941 15.20% $713,442 15.58% $499 -0.38%
<br /> 70-Employee Health&Dental Fund $16,251,634 $16,251,634 $2,821,828 17.36% $2,598,210 15.18% $223,618 2.18%
<br /> 11-Debt Service Fund $37,457,498 $37,457,498 $6,978,027 18.63% $0 0.00% $6,978,027 18.63%
<br /> w 33-Housing Fund $6,858,632 $6,858,632 $2,095,007 30.55% $1,370,786 26.50% $724,221 4.04%
<br /> Y 35-Emergency Telephone Fund $571,016 $578,160 $33,004 5.71% $11,817 $21,187
<br /> 37-Visitor's Bureau Fund $2,716,666 $2,724,415 $659,528 2421% $591,938 24.99% $67,590 -0.78%
<br /> v 44-Inspections Fund $1,609,483 $1,609,483 $308,153 19.15% $0 $308,153 s
<br /> W50-Solid Waste Enterprise Fund $12,693,308 $12,693,308 $4,230,065 33.33% $4,742,101 37.71%
<br /> 53-Sportsplex Fund -$512,036 -4.38%
<br /> $4,696,687 $4,696,687 $456,504 9.72% $851,678 18.60% -$395,174 -8.88%
<br /> 70-Employee Health&Dental Fund $16,2S1,634 $16,251,634 $2,879,527 17.72% $3,730,997 21.80°� -$851,470 -4.08%
<br /> Notes:
<br /> *-Actual amounts include Encumbrances.
<br /> 1-Property tax revenues will Transfer In from General Fund in 2nd Quarter.
<br /> 2-Housing Revenue drawdowns required for Expenditure reimbursements.
<br /> 3-E-911 Revenue remittance from the State for subscriber fees.
<br /> 4-Timing variance reflecting Occupancy Tax remittances.
<br /> 5-Solid Waste Program Fee collected with the Property Tax Bill;collections will peak
<br /> 6-Inspection Fund has slight lag between Revenues and Expenditures.
<br /> Sportsplex Fund
<br /> The Sportsplex revenue sources are Ice Rink (35% of budget), Membership and Fitness (26% of budget), Sports
<br /> Aquatics (13% of budget), Sports Kidsplex (12% of budget), and Field House (7% of budget). Reserves and
<br /> investment income comprise the remaining funding sources. Sportsplex revenues are 15.2% of budget and
<br /> consistent with the prior year revenue collections. Expenditures budget versus actuals between both fiscal
<br /> years reflect a timing variance in the recording of first quarter expenditures to the County's general ledger. The
<br /> second quarter report will provide a better budget versus actual comparison.
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